PROCEEDS OF BANKRUPTCY PROCESS AND DISTRIBUTION OF PROCEEDSInsolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
PROCEEDS OF BANKRUPTCY PROCESS AND DISTRIBUTION OF PROCEEDSInsolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
Future claims: creditors may submit not-yet-due claims and recover principal plus accrued interest to bankruptcy commencement. Future claims may be submitted to the bankruptcy trustee although not due on the bankruptcy commencement date; unless a contract provides otherwise, the ... Summary
Future claims: creditors may submit not-yet-due claims and recover principal plus accrued interest to bankruptcy commencement.
Future claims may be submitted to the bankruptcy trustee although not due on the bankruptcy commencement date; unless a contract provides otherwise, the claimant is entitled to the principal and interest accrued up to the bankruptcy commencement date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.